Modern Key Ready Istanbul Property For Sale - City Centre Investment Apartments With A 5 Year Rental Guarantee
- Price: £103,454
- Location: Istanbul City Centre
- Type: Apartment
- Condition: New build
- Bedrooms: 2
- Bathrooms: 1
- Floors: 14
- Built area: 114m2
- Plot area: 10400m2
- Security: 24/7 Security
- Parking: Garage
- Ref: IST2988APT
The city centre of Istanbul in the north-west of Turkey covers an extensive area, much more than the famous spots such as Taksim Square and Sultanahmet etc, with several central districts as you head up the shores of the Bosphorus and along the coast of the Marmara Sea.
Kagithane is a rather historical district approximately 7km from Taksim Square, an old industrial area of the city, that today has seen vast changes will all the factories demolished and replaced by modern residential complexes, shopping centres and educational facilities etc, a now very desirable area that is part of the vast and vibrant city centre.
- Distance to town:
- 6.5km Taksim
- Distance to beach:
- 7km Bosphorus
- Distance to airport:
- 40km New airport
We at Turkey Homes are very pleased to offer these newly built investment apartments in Istanbul for sale, located in the city centre district of Kagithane and offered with the option of a 5-year rental guarantee.
Back in the swinging 60's Kagithane was a working district later becoming a huge industrial area, with numerous factories, and gained its name from the local paper factories, with Kagithane literally translated as 'Paper House'.
This gave the area an influx of industrial workers who moved to the area for jobs, with the workers building illegal homes and the government turning a blind eye, however, today the majority of these illegal slum houses have been demolished and replaced by some wonderful new modern residential complexes with a range of family facilities often with on-site shopping centres for doorstep shopping and dining for residents and many passing shoppers.
The area is also located just 40km from the city's new airport, easily reached via the E-5 Highway and TEM intersection in Kagithane and a mere 15-minute drive to Taksim Square and the Bosphorus shores along with being close to Bomonti and Nisantasi which offer the fashionable shopping areas of Istanbul along with a great social scene, arts and culture.
Location and Complex Details
This recently completed modern complex of apartments for sale in Istanbul City Centre sits right on the E-5 highway and very close to the TEM intersection in Kagithane along with a short 2-minute walk to hop on the Metrobus which all-in-all offer fantastic connections to all areas of the city.
Also within walking distance, you can reach the huge Perpa Trade centre, the Memorial Sisli Hospital, several schools, ample shops and supermarkets and a range of cafes and restaurants etc along with several shopping malls, universities and other hospitals etc all found within few minutes' drive.
The small residential complex has been constructed by a reputable developer on a land area of 10,400, adhering to all the government-issued building regulations for fire, gas and earthquake safety and all homes are fully insulated for heat and sound.
A relatively small complex of just one residential block of 14 floors, with the ground floor hosting one large commercial units and the floor above providing a total of 101 residences ranging from studios to 2 bedroom apartments.
The developer has utilised the roof space by providing a huge social area with a residents' lounge that offers a 360-degree view of the city's sparkling evening lights, along with a serviced guest apartment and a fully equipped gym, whilst below ground, the complex also offers a secure parking garage with an electric car charging station, all of which is protected by a surveillance camera system and a 24-hour security service for peace of mind.
Options Available For Sale and Prices
Studio apartments 37m2 – 71m2 priced from 339,000 TRY to 420,000 TRY
1 Bedroom apartments 53m2 – 73m2 priced from 500,000 TRY to 615,000 TRY
2 Bedroom apartments 114m2 priced from 780,000 TRY to 850,000 TRY
Payment Plan - Interest-Free
Although these modern apartments are completed and ready to move in the developer offers buyers the option of a 50% down payment and 24 equal monthly instalments for the remaining balance and cash buyers have the benefit of a 10% cash discount, possibly 15% for the larger 2 bedrooms units.
For buyers purchasing as an investment in Istanbul, you have the option of being included in a 5-year guaranteed rental scheme with an annual 6% income on the property purchase price e.g. A property purchased at 500,000 TRY would earn you an income of 2,500 TRY per month pre-tax.
Homes can be accessed from the parking garage of via a secure communal lobby, both of which offer stairs or a lift for access to all floors and well-lit communal corridors that offer steel security doors into each apartment, all fitted with a view intercom link to the lobby ensuring you of welcome guests only.
All apartments offer an open-plan layout and have been installed with modern fitted kitchens with ample quality units and work surfaces along with several built-in appliances: oven, hob, extractor fan, microwave and a dishwasher.
All centrally heated homes powered by natural gas and all with the infrastructure in place for air conditioning units in living areas and bedrooms.
Every room is filled with lots of natural daylight via floor to ceiling windows or patio doors, with most units having access to private balconies or terraces for summer outdoor living with a great view across the city and the local neighbourhood.
Floors throughout are laid with quality laminate, except bathrooms which are all fully tiled from floor to ceiling with the latest modern fittings.
Overall these turnkey modern apartments are ideal for any reason, frequent city breaks or business trips, year-round living in the heart of the city or an excellent city centre investment in Istanbul with the 5-year income guarantee, very close to major roads and public transport for easy city and airport access, ample local amenities either within walking distance or a short drive.
Contact the Turkey Homes team of Istanbul property advisors today for more details and we will answer all your Istanbul real estate questions, provide you with objective advice and guide you through every aspect of the Turkey property buying process.
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- Developer Guarantee
- Rent Guarantee
- White Goods Included